Monday, September 28, 2009

CMEA Commits $100M To Energy Investments

San Francisco-based CMEA Capital says today that it will invest an additional $100M in the alternative energy sector, as part of a initiative being spearheaded by former President Bill Clinton. According to the firm, the move is part of a Commitment to Action for the Clinton Global Initiative (CGI), and comes on top of the firm's existing, $100M commitment to CGI in 200 to invest in green energy companies. CMEA said it has so far invested in fourteen alternative energy companies over the last seven years. Clinton's Global Initiative focuses on spurring global leaders to implement solutions to world challenges.